Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

TexasTowelie

(116,749 posts)
Sun Feb 14, 2021, 10:19 PM Feb 2021

Auditor cites $21 billion in errors, puts rare disclaimer on Nebraska's financial report

The State of Nebraska’s end-of-the-year financial report contained more than $21 billion in errors, according to a management letter released Tuesday by the State Auditor’s Office.

As a result, the office took the highly unusual step of putting a disclaimer on the state’s Comprehensive Annual Financial Report for the year that ended June 30. The disclaimer said state auditors were unable to verify the accuracy of the financial report.

Assistant Deputy Auditor Craig Kubicek said the auditors issued the disclaimer because they found problems with the state’s accounting process, not with mismanagement of funds.

“We didn’t see big issues with money missing or fraud,” he said. “But when the state doesn’t get a clean audit opinion, it’s a big deal.”

Read more: https://journalstar.com/news/state-and-regional/govt-and-politics/auditor-cites-21-billion-in-errors-puts-rare-disclaimer-on-nebraskas-financial-report/article_67a4a843-f464-564e-a45a-b7ec3776d4aa.html
(Lincoln Journal Star)

1 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Auditor cites $21 billion in errors, puts rare disclaimer on Nebraska's financial report (Original Post) TexasTowelie Feb 2021 OP
Apparently, Charlie's drunk again. TwilightZone Feb 2021 #1

TwilightZone

(28,833 posts)
1. Apparently, Charlie's drunk again.
Sun Feb 14, 2021, 11:02 PM
Feb 2021

Charlie Janssen is the state auditor. He somehow got reelected even after it was discovered that he was spending hours at a time at bars drinking during business hours - on multiple occasions.

Latest Discussions»Region Forums»Nebraska»Auditor cites $21 billion...